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ToMiller
@tomiller
The price action indicates a strong local bearish narrative. I calculated an $8.7 FDV if the FDV is $10B. What we have in reality: the FDV is less than $3 billion. Airdrop size (aka cashback) is around $3-$5 for each $1 spent. The last two funding rounds were for $1B and $3B. Is this a smart buy? 🤔 P.S. We're going to have better conditions than Paradigm and Sequoia, as they are locked in for a year.
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